low-income housing credit

The IRS (in Notice 2022-5) extended several deadlines related to the low-income housing credit, in response to the continuing coronavirus pandemic and precautions necessitated by new disease variants. The extensions generally apply to deadlines that occur between April 1, 2020 and December 31, 2022, for the: 10-percent test for carryover allocations 24-month minimum rehabilitation expenditure […]